Not-for-Profit Financial Reporting

The Conceptual Framework

The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a foundation for setting standards and concepts to use as tools for resolving accounting and reporting questions.Feature Pane - The Conceptual Framework More Link

FASB Outlook

Disclosure Framework

A project to improve the effectiveness of disclosures in notes to financial statements by clearly communicating the information that is most important to users of those financial statements.
Feature Pane - Disclosure Framework More Link

FEATURED VIDEO

Responding to stakeholder concerns about the new leasing standard, the FASB took steps to reduce unnecessary complexity, cost, and uncertainty without impacting the ultimate information provided to investors.